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This is a table of the total federal tax revenue by state, ... Texas: 280,048,364,000 ... Share of federal revenue from different tax sources. Individual income taxes ...
Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
The primary duties of the comptroller's office are to collect substantially all tax revenue owed to the State of Texas (this involves more than 60 different types of taxes from the sales tax-- the largest source of the state's tax revenue, since Texas does not have a personal income tax-- to minor items such as the "battery sales fee" -- a $2–$3 fee on sales of lead-acid batteries) and to ...
Here’s a look at the largest source of tax revenue in your state, according to Visual Capitalist. ... Texas. Biggest source of tax revenue: Sales tax. Personal income tax revenue share: 0%.
It follows that as state's per capita income rises, its tax receipt also increases. The data between changes in per capita taxes to the national averages in ratio to the changes in the per capita income to the national average has a correlation of .88 (Leonard and Walder, Page 56-57).
Texas has a coastline on the Gulf of Mexico to the southeast. Covering 268,596 square miles (695,660 km 2), and with some 31 million residents as of 2024, it is the second-largest state by both area and population. Texas is nicknamed the Lone Star State for its former status as an independent republic.
The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
This is a list of U.S. state government budgets as enacted by each state's legislature. ... Texas: 219.40 109.70 2024-25 [44] 3,573 AAA